https://www.taxtmi.com/caselaws?id=247883 The Appellate Tribunal, following legal precedent, dismissed the department's appeals against penalties imposed for non-deduction of TDS under sections 194J and 194I. The Tribunal upheld the CIT(A)'s decision to delete the penalties, emphasizing that as the tax liabilities were annulled by the ITAT, the penalties were no longer sustainable. The ITAT concluded that if the basis for penalties no longer exists, they cannot stand, ultimately annulling the penalties imposed by the Assessing Officer. en-us Mon, 05 May 2014 00:00:00 +0530 Mon, 26 May 2014 14:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=247883 The Appellate Tribunal, following legal precedent, dismissed the department's appeals against penalties imposed for non-deduction of TDS under sections 194J and 194I. The Tribunal upheld the CIT(A)'s decision to delete the penalties, emphasizing that as the tax liabilities were annulled by the ITAT, the penalties were no longer sustainable. The ITAT concluded that if the basis for penalties no longer exists, they cannot stand, ultimately annulling the penalties imposed by the Assessing Officer. Case-Laws Income Tax Mon, 05 May 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=247883